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The modular blockchain project Avail established a foundation

The modular blockchain project Avail has announced the establishment of a foundation in Switzerland and the gradual transfer of all IP related to the Avail protocol (including Avail DA, Avail Nexus, Avail Fusion, etc.) to the Avail Foundation. The Avail Foundation's initial focus is on nurturing and growing the ecosystem around the Avail protocol. Key initiatives include funding, development, and research, as well as education, adoption, and community engagement. It aims to help Avail become a leader in blockchain scalability and interoperability, while ensuring that the benefits of the ecosystem are available to all.